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Suppose a married couple have the following individual adjusted gross incomes, total combined deductions, and medical expenses. Answer parts ( a ) - ( f
Suppose a married couple have the following individual adjusted gross incomes,
total combined deductions, and medical expenses. Answer parts af
Click the icon to view the marginal tax rates and standard deductions.
Adjusted gross income of spouse : $
Adjusted gross income of spouse : $
Combined deductions without medical expenses: $
Medical expenses for spouse : $
Medical expenses for spouse : none
Medical expenses in excess of of adjusted gross income can be claimed as a deduction.
this amount? If so by how much? If the couple file jointly, can they claim a deduction for medical expenses?
Select the correct choice below and, if necessary, fill in the answer box within your choice.
A The couple's combined medical expenses exceed of the couple's adjusted gross income by $ Therefore, the couple can claim a deduction for medical expenses.
B The couple's combined medical expenses do not exceed of the couple's adjusted gross income. Therefore, the couple cannot claim a deduction for medical expenses.
b Calculate the income tax owed by the couple if they file jointly.
The income tax owed by the couple if they file jointly is $
Simplify your answer.
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